Nvda the golden boy was down 50% in a few weeks. I was just making an example with whole numbers but there’s plenty of blue chip stocks close to 50% down in a week or so
I’m aware inex funds aren’t down that much but plenty of people bought the top of certain stocks bc they just haven’t dropped in years
Which is why people should diversify and not just full port tech stocks
My analogy was new investors who don’t make the best decisions. I was one in the past. Takes learning from your mistakes to grow but for many a huge loss keeps them out of markets for years. Sometimes forever
I am 100% all for people buying index funds and dca on drops. That’s for average investors
Drops is market timing. They should have a financial plan where they make continual investments, generally regardless of what the market is doing. This will outperform 99.9% of people doing their stuff with a certain scheme.
So your suggestions are forget about generational wealth and avoid high tech stock concentration? You have me confused. People usually tend to put some cash to work after drops like this…
Fear is what the market makers thrive on. The media perpetuates it. Smart investors buy like you said at times like this. I’ll be shopping this week, conservatively, but I’m def dipping my toes in. I can’t afford not to buy this discount. 4% doesn’t keep up with inflation and most of my cash is parked. If this is the end of america like many here think, then dollars will be useless. Might as well buy…I’m buying bc I think the opposite and it’s going to explode past aths. Could take years but I have time.
Same, new to investong but as an average joe , vti and chill
No, my question was why do you want to create generational wealth as it tends to generally be bad for people.
I seek to amass enough dough to meet my needs in retirement, no more, no less. Otherwise why would I work more?
This attempt to create empires or whatever leads people to do dumb stuff like go all in on tech stocks, play with options which are equivalent to lighting money on fire , etc etc.
Slow and steady wins the race and crushes 99.9% of the performance of people trying to do otherwise .
Having the perception of the stock market dropping so you’re putting some cash to work is prob holding you back. What were you doing when it was exploding the last 20 yr, were you also not investing? Market timing is bs
I can’t answer for him but I’m creating wealth for my son bc automation is a wild card. That wealth will have stipulations so he can thrive but he must at the very least contribute to get it. Many people from semi wealthy families have done a lot for the world. Work ethic is instilled at an early age and families that are new money usually instill that better. Less likely to allow their children to squander it. Inheriting wealth isn’t a bad thing if it comes with the correct strings attached.
As for timing the markets. We don’t do that with our retirements. But if you have excess cash you can afford to take advantage of crisis. My money is always at least keeping up with inflation but I choose to take more risk when I believe it will benefit me. I’m wrong a lot. But right more than wrong which is what sets good investors apart. I’d rather lose to inflation on the sidelines than risk losing much more via investing on feelings.
Free trade and businesses reshoring is not going to happen
There are many, many places who can produce pretty much everything you can produce in America far more cheaply, why on earth would they move back without tariffs?
Simple. Bc we make their goods cost more. We’re a service economy and that’s outsourcing too. We need to renegotiate trade. That’s what’s happening. These tariffs won’t last. If they do I’ll eat my words. I’ve been wrong before but this is what happens to empires, we’re falling. Change is coming one way or the other. People act like automation isnt knocking at our doorstep. Who’s going to employ the world?
realistically, if they do, all you may have left to eat are your words.
You think I don’t have contingency plans. At least more than you I bet. I’m a conspiracy theorist remember haha
if i had to guess, you have a bunker full of canned food and ammo somewhere, so that’s a bet i’m not willing to take.
I have enough cash to have both. Sorry not sorry. I just do what the liberal elite most people worship just started doing. I don’t like chance. As an Eastern European immigrant or child of such you should have a plan too. Your family has been through this before mine hasn’t in the last 100+ years
If I can get to said “bunker” could be an issue. I don’t have that much cash. But that bunker also makes me money in the interim. And it’s not a bunker. Just a remote home
I have no reason to flex here, but we are all dumber for having spent time reading your comment.
You are spot on. I spent the last 20 years sitting in cash waiting on this moment.
“Both sides” is the key point here. A two party system is never ultimately going to produce anything but division
In reality if people didn’t have to choose sides and those in power of each side didn’t need to try to widen the divide to keep their jobs, we would not be in this position.
In reality there is a huge spectrum of ideas and vision, the vast majority of people are not represented fully by the party the have to vote for.
in reality the current situation is the culmination of an absolutely flawed system
Sorry, how do we make their goods cost more with free trade?
We don’t have free trade now. But I agree with everything in your previous statement. Division is the goal of a 2 party system and serves no one but the elite controlling both sides of the same coin. I want us to come together but that’s not possible currently. Political parties were shunned by our founders for a reason
Thursday saw the greatest retail inflow into stocks in history, and Friday was only slightly negative.
Retail is buying while hedge funds are liquidating.
I sold most of my rental properties over the past year and I got 3 more on the market right now. I had already positioned heavily into bonds and fixed income coming into this drop.
Short of Trump doing a complete 180, I see myself buying these houses for 30% off at foreclosure auctions in couple of years.